Dex One

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Dex One ( DEXO) is a marketing services company that helps local businesses to reach consumers. It offers local businesses personalized marketing consulting services and exposure across a network of local marketing products, including its print, online and mobile yellow pages and search solutions, as well as search engines. This stock is trading up 3.4% at $1.21 per share in recent trading.

Today's Range: $1.15-$1.24

52-Week Range: $0.36-$2.63

Volume: 123,000

Three-Month Average Volume: 217,898

>>5 Stocks Poised for Breakouts

From a technical perspective, DEXO is moving modestly higher here with decent volume. This move is pushing the stock within range of triggering a major breakout trade. That trade will hit once DEXO takes out its 200-day moving average of $1.25, and then some past overhead resistance levels at $1.33 to $1.53 with high volume.

Traders should now look for long-biased trades once DEXO clears its 200-day, and then once it sustains a move or close over $1.33 to $1.53 with volume that's near or above 217,898 shares. If we get that action soon, then DEXO could easily re-test and possibly take out its next major overhead resistance levels at $1.99 to $2.17. Keep in mind that this stock will not look as attractive from the long side unless it holds a high-volume trend over its 200-day moving average.

To see more stocks that are making notable moves higher today, check out the Stocks Under $10 Moving Higher portfolio on Stockpickr.

-- Written by Roberto Pedone in Winderemere, Fla.


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At the time of publication, author had no positions in stocks mentioned.

Roberto Pedone, based out of Windermere, Fla., is an independent trader who focuses on stocks, options, futures, commodities and currencies. He is also an outside contributor to and maintains the website, which he sold to Blue Wave Advisors in 2008. Roberto studied International Business at The Milwaukee School of Engineering, and he spent a year overseas studying business in Lubeck, Germany.

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